CCC announces Tk 1,887.28cr budget

Chattogram City Corporation today announced a proposed budget of Tk 1,887.28 crore for the fiscal year of 2023-24.

Mayor Rezaul Karim Chowdhury announced the budget at KB Abdus Sattar Auditorium of the Nagar Bhaban.

This time, CCC has set a target of earning maximum from their own sources to implement the proposed budget.

CCC expects to earn TK 950.58 crore from their internal sources like -- holding tax, income from properties and other sources.

Among different internal sources of earnings, CCC has set target of earning a holding tax revenue of about Tk 446 crore.

Of the proposed budget, CCC expects to get around Tk 894 crore as development grant and Tk 37.70 crore from other sources.

Additionally, Tk 942.50 crore has been allocated for the development activities of the city, Tk 310.70 crore for salaries and allowances, Tk 5 crore for mosquito eradication programmes and Tk 25 crore for addressing waterlogging.